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The bottom line is when you are buying and selling an asset that someone has, that you want, whilst you can try and negotiate over various aspects of the deal, you can jump up and down and shout and swear at everyone involved in the process, but the bottom line is and always had been this.
you need to be prepared to walk away.
If you are not prepared to walk away from the deal, then you are ultimately negotiating with an empty hand. And most sellers know it.
princeperch-
you need to be prepared to walk away.
Yes, this is negotiation 101, have a viable alternative, so you can walk away :)
We did it. My regret is that we should have used our position to our advantage much more effectively, having gone to all the effort of securing a viable alternative. The pleasure of telling one seller and their snake of an agent to fuck off only lasts so long, although I since found out that not playing ball with us cost them a cool £50k, so there is that.
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I think people get attached to houses easily and dont want to do that also when you've spent money usually a lot, I think some folk dont want to take the hit and then try and play funny buggers.
I also think the last couple of years sellers have had the upper hand and it plays into the EA's hands as they can push that. If it goes the other way and there is loads of house available again which im sure it will then its in the buyers again.
A friend was away looking at a house yesterday, he's like its amazing but the buyer wants 10 percent over HR. Dont we all want more.
Howard
konastab01
Easy to think this, but nobody knows how to negotiate, and even if you do, as a buyer your position is usually pretty weak, and there is a layer of idiots between you and the seller.